SANS RECOURS. Without recourse.
2. These words are sometimes put on a bill before the payee endorses
it; they have the effect of transferring the bill without responsibility to
the endorser. Chit. on Bills, 179; 7 Taunt. 160; 1 Cowen, 538; 3 Cranch,
193; 7 Cranch, 159; 12 Mass. 172; 14 S. & R. 325.